OREANDA-NEWS. January 14, 2010. Nevertheless, the record was cracked in December on quantity of small payments.

The Central Bank of Azerbaijan (CBA) reports that in December it was carried out 889,000 small payments for AZN 686 million (average size of a small payment made up AZN 771.65) versus 672,000 ones for AZN 466 million (AZN 693.45) in November; 698,000 for AZN 521 million (AZN 746.42) in October; 579,000 for AZN 407 million (AZN 702.94) in September; 571,000 for AZN 416 million (AZN 728.55) in August; 557,000 for AZN 466 million (AZN 836.62) in July; 475,000 for AZN 411 million (AZN 865.26) in June; 407,000 for AZN 375 million (AZN 921.38) in May; 431,000 for AZN 1.526 million (AZN 1.018 million) in April; 423,000 for AZN 386 million (AZN 912.53) in March; 368,000 for AZN 347 million (AZN 942,930) in February; 233,000 for AZN 354 million (AZN 1,519) in January of 2009; and 269,000 for AZN 692 million (AZN 2,572) in December 2008.

Thus, in 2009, turnover of the system totaled 6.3 million payments for AZN 5.27 bn and average size of a transaction for AZN 836.88.

By 1st January 2009 XOHKS turnover exceeded AZN 5 bn for the first time of system existence (since 2002) and quantity of payments in it made up 1.9 million deals.

In 2008, 1.942 million settlements were carried out to the sum of AZN 5.367 million against 1.04 million settlements to the sum of AZN 2.138 million in 2007 and 842,000 operations in the amount of AZN 1.443 million in 2006. The records on number of operations (889,000 transactions) transferred to December 2009, while the records on turnover a month (AZN 692 million) in December 2008 and on average size of small payment (AZN 3,200) in June 2008 kept.

The system has been operating since 2002. Since then its turnover totaled “miserable” AZN 9 million on 20,000 operations. At that, average size of payment was only AZN 400.